The Petronas-led consortium said Thursday it will proceed with the liquefied natural gas export project in British Columbia, subject to two key conditions.
But the announcement came just after Canada’s environment regulator issued another delay, saying it was pausing its review of the project, requesting further information from the state-owned Malaysian company on plans to mitigate damage to a salmon spawning habitat.
The Pacific NorthWest LNG project, which also comprises investors from China, Japan, India, and Brunei, said that it was satisfied with the required technical and commercial components of the project.
Yadullah Hussain – FINANCIAL POST – June 11, 2015.
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